St. John Properties Leases 6000 Square Feet At 3918 Vero Rd In Halethorpe
3918 Vero Rd, Baltimore, MD, 21227
Building Size
6,000 SF
Asset Type
Office
Closing
Aug 2, 2021
About this deal
AI
The property involved in this lease transaction is located at 3918 Vero Rd, Baltimore, MD, 21227. It is situated in the Halethorpe market and encompasses a total of 6000 square feet.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 3918 Vero Rd, Baltimore, MD, 21227
- Market: Halethorpe
- Landlord: St. John Properties
- Landlord's Representative: Claire Cobert (St. John Properties)
- Tenant: Not specified
- Square Feet: 6000
The transaction features Claire Cobert representing St. John Properties in the leasing deal, acting on behalf of the landlord. Specific details regarding the tenant were not provided.
Players
Halethorpe Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93